@shortbus_ace@evrgn11112231 respectfully disagree. Take a small manufacturing business with a decently complicated supply chain and 100 customers. The people running these companies can't manage an off platform solution built with AI and should they want to sell to a searcher or PE, QofE is much harder.
@OnodaCapital why seeding managers is such a good business. Huge LPs want a 3-5 year track, some arbitrary AUM threshold or a major seed partner. If you have the stomach smaller managers almost always = better risk adjusted returns. But as you said, returns don’t matter to most decision makers
@LeveredVinny He was also “working” for his dad at banyan and posting/traveling like an Instagram model. Guarantee his contributions were null there and staff had to flatter him as son of the boss. zero self awareness.
@realkellye Pretty boilerplate. You’re not completely silenced. If you have an axe to grind, have to take it to court. I feel bad for trinity investors but their beef is with whoever led them into the fund and if any misrepresentations were made, they will have a solid case.
@partners_road One other consideration is consumers trading up in mg. Velo has a 9mg product and comes in packs of 20 vs zyn at 15pcs and 6mg max. At least where I live. Biggest buyers of zyn for last few years will take that trade off in mg and quantity.
I woke up this morning thinking about last night. Just a random day in July. Whether you were at the game, watching on TV, listening on the Radio....the emotion you feel on contact knowing it's over is why I love sports!!!